I just refurnished much or it and got new pictures, and the activity has been good thus far.A 2/2 beach side in Destin/FWB, income will depend on view of the unit, and the things mentioned above.

Wholesaling and flipping is going to be a lot more time consuming and active type of investment where building a portfolio of rentals can be a lot more doable while also working full-time. 

If you are claiming Real Estate Professioanl Status(REPS), it is important to keep a log of your activities. 

WE wont put it on the market until its about 30 days out from CO. the other market were we are active Loudoun County VA We have 3 subidivisions going in the platting stages from 35 lots to 250 lots.. all of them have contracts on them from National builders the 35 lot is Toll  the bigger ones are Lennar..

The buyer was seeking a conventional loan. 

Readers should seek professional advice.

Readers should seek professional advice.

A prudent investor doesn't seek quick riches through shortcuts.

I definitely recommend that you seek out a Certified Cost Segregation Professional so that you are confident in the quality of the work performed and the deliverables produced.

I now have a duplex, and a triplex and actively working on acquiring my third.